Home » Maxwell Kofi Jumah Arrested Over Financial Misconduct

Maxwell Kofi Jumah Arrested Over Financial Misconduct

Ex-GIHOC MD held in Kumasi over alleged asset mismanagement

by Sophia Bennett

Kumasi, Ghana – June 29, 2025 — Former Managing Director of GIHOC Distilleries, Maxwell Kofi Jumah, has been arrested by national security operatives at his residence in Kumasi.

The arrest occurred on Sunday following a request by the operatives to speak with him. Jumah was later escorted in a pickup truck to the Ashanti Regional Police Command, where he remains in custody pending further investigation.

This development follows a prior attempt by security agencies on May 15, when they tried to retrieve government vehicles allegedly still in Jumah’s possession. At that time, he was not present at the residence.

Sources close to the matter suggest that the former MD is being investigated for alleged financial irregularities, which include the unauthorized sale of company assets and dubious vehicle acquisitions during his tenure at GIHOC Distilleries.

Authorities have not officially commented on charges, but the investigation is ongoing. More details are expected to emerge in the coming days.

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